Inside Pigs
Pig price continues to be under pressure
The price pressure on the pig market is not going away. The DCA Stock Price 2.0 must therefore again lower the price.
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The expectation is that the German VEZG quotation, which remained stable this week at €1,40 per kilo, will drop towards the slaughterhouse quotations.
Crowded meat market
Tönnies hides behind the situation on the meat market and indicates that the price reduction could not be prevented. Despite the loss of 1 day of slaughter, the demand for meat shows no improvement. Dutch slaughterhouses also speak of difficult meat sales.
The market is still disrupted by Belgian providers who undercut prices. Due to the outbreak of African swine fever, Belgians no longer have access to the world market. This situation is likely to continue for the time being. Meanwhile, 32 wild boars in Belgium have been infected with the virus. In addition to Belgium, the meat market is also oversupplied from Spain.
Oppressive offer
There will again be a large supply of pigs in the coming weeks. According to traders, placing the pigs is a difficult affair. The statements to DCA-Markets show that they are pushing for lower prices. This is due to declining quotations at Dutch slaughterhouses.
The DCA Exchange Price 2.0 for slaughtered pigs decreases by €0,02 to €1,29 per kilo. The price of live pigs drops by €0,02 to €1,04 per kilo.